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May 18, 2001 |
FIFA postpone World Club Championship until 2003Trevor Huggins FIFA said on Friday it would postpone the 2001 World Club Championship, due to kick off in Spain at the end of July, until 2003. FIFA blamed financial problems and a congested fixture list for the postponement, a major embarrassment to world soccer's ruling body and its president Sepp Blatter. The tournament, which FIFA had been planning to extend from 12 to 16 teams in order to improve its image within the game, was set for only its second edition in Spain. The tournament groups clubs who have won major championships in FIFA's six continental confederations plus a host team, in Spain's case Deportivo Coruna. Blatter said: "The decision not to go ahead with this event as scheduled has been taken on account of various factors." FIFA's statement identified three main reasons for the setback. "The period during which the competition was to be staged is particularly inconvenient from the perspective of national and international fixtures (national leagues and Champions League qualifiers are in progress). "The economic crises affecting the countries of some of the participating clubs further heighten existing commercial difficulties."
ISL'S TROUBLES FIFA said on Thursday it had terminated its marketing agreement with ISL Worldwide after French media group Vivendi ended talks on a takeover of ISL's troubled parent company ISMM. On Friday, FIFA said: "The current commercial market has been considerably disrupted by the problems confronting ISL/ISMM. This has left FIFA's marketing partner for the (WCC) event, Traffic, confronted by major difficulties in selling the 2001 edition to sponsors and broadcasters." FIFA added: "With the 12-team tournament just over two months away and given the fact that FIFA will have to take on additional responsibilities due to the imminent bankruptcy of ISL/ISMM ... the Emergency Committee also felt that it was essential for FIFA to readjust its focus to these issues." FIFA said it had discussed the matter with the tournament's would-be hosts, the Spanish Football Federation. The inaugural club championship, won by Brazil's Corinthians, took place in January last year in Brazil and the event in Spain was due to take place from July 28 to August 12. Clubs taking part include Argentina's Boca Juniors, Palmeiras of Brazil and Saudi Arabia's Al-Hilal. Prize money totals 40 million dollars with the winners taking home eight million.
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